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Russian Ruble Reaches Lowest Mark Since Ukraine War Onset
Russia’s economic challenges persist as the Russian ruble tumbled to its most dismal value since the early days of the Ukraine War in April-May 2022....
UBS Group Ends Swiss Government Agreement, Paves Smooth Path for Credit Suisse Integration
UBS Group AG has made a significant decision to terminate an agreement with the Swiss government regarding potential losses stemming from the rescue of Credit...
Energy Sector Fluctuations Pose Inflation Risk, CPI Inches Higher
The stock market exhibited a notable surge on Thursday in response to the latest Consumer Price Inflation (CPI) data for July, revealing a relatively restrained...
Earnings Season Sparks Market Rally Supported by Inflation Uptick
The stock market witnessed a buoyant start on Thursday, propelled by a wave of optimism following reports from the Bureau of Labor Statistics (BLS) that...
US Economy Adds 187,000 Jobs in July as Labor Slowdown Persists
The US labor market continues to show signs of cooling as the economy added 187,000 new jobs in July, while the unemployment rate fell to...
Positive Momentum Persists in Market Despite Cooling Job Data
Markets Positive on August4, 2023: The US economy added 187,000 new jobs in July, accompanied by a decline in the unemployment rate to 3.5%, as...
